signal strength 1 of 5
The Bearish pennant pattern has formed on the #NTDOY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 17.87 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 3
- 4
- 5
The Triple Top pattern has formed on the chart of the GOLD H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5690; the lower boundary 1.5675; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 105927.05; the lower boundary 105621.29; the width of the pattern 30576 points
The M5 and M15 time frames may have more false entry points.
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